Korea Business News Co., Ltd. (KOSDAQ:A039340) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of own shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on February 13, 2021. As of February 12, 2020, the company had 639,812 treasury shares within the allowable range acquisition and no shares in treasury through other repurchase.